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Check out the companies making the biggest moves in premarket trading:Toyota — The Japan-based automaker’s shares jumped about 5% after shareholders re-elected chairman Akio Toyoda to the board, in a broad endorsement of the company’s governance and new electric vehicle strategy.related investing newsLogitech International — Shares of the computer accessories…
Housing is perhaps the most consequential category in the consumer price index, a key inflation barometer.As the largest expense for an average U.S. household, shelter accounts for more than a third of the CPI weighting, the most of any other consumer good or service. That gives housing an outsized influence…
Five US senators are set to reintroduce legislation Wednesday that would block companies including TikTok from transferring Americans’ personal data to countries such as China, as part of a proposed broadening of US export controls. The bipartisan bill led by Oregon Democratic Sen. Ron Wyden and Wyoming Republican Sen. Cynthia…
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Michael Saylor, the co-founder and former CEO of MicroStrategy, believes regulatory clarity in the US surrounding digital assets would drive up the price of Bitcoin. Saylor predicted that the flagship cryptocurrency would increase by 10x in value as the public realizes “that Bitcoin is the next Bitcoin,” he said during a…
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Walgreens Boots Alliance (NASDAQ:WBA) Walgreens, a pharmaceutical healthcare and beauty product retailer since 1901, is headquartered in Deerfield, IL. It operates in three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. In the US it has over 8500 locations which allows almost 75% of all Americans having a location within…
European stocks continued their recent upward push on Wednesday, as investors prepared for the US Federal Reserve to pause in its monetary tightening when policymakers announce their decision on interest rates later in the day.Europe’s region-wide Stoxx 600 and Germany’s Dax both added 0.5 per cent, while France’s Cac 40…
US Secretary of State Antony Blinken will travel to Beijing this weekend, the State Department announced on Wednesday – a significant trip that comes as the Biden administration navigates its complicated relationship with China. The top US diplomat was originally slated to travel to the Chinese capital in early February,…
To the Editor:I have no objection to some level of bank regulation and oversight, but there has been a lot of noise on this topic that seems to be by regulators seeking to impose controls and inefficiencies as widely as they can (“The Perils of ‘Shadow Banks’, ” Cover Story,…